Current:Home > ScamsThese are the best days of the year to shop for holiday deals on electronics -InvestTomorrow
These are the best days of the year to shop for holiday deals on electronics
View
Date:2025-04-18 05:06:45
Some types of consumer electronics are already discounted more than a month before Christmas Day, but retailers are expected to roll out the sweetest deals of the year during the traditional price-slashing window between Black Friday and Cyber Monday.
Through November 16, shoppers can find 10% to 20% discounts on televisions, video game consoles, computers and other tech gear, according to Adobe Digital Insights. That lets consumers get a jump on their holiday shopping while still saving money.
"Now is a good period for consumers," Adobe Digital Insights manager Vivek Pandya told CBS MoneyWatch.
- See CBS Essentials for info on tech deals and buying guides
But consumers will have to weigh what is most important — getting the best deal or ensuring they getting the exact tech product they want.
"What they are negotiating is waiting for best discounts between Thanksgiving and Cyber Monday, or trying to get some of these items before they sell out," Pandya said.
When to find peak discounts
For shoppers who want to hold out for the greatest savings, it could pay to wait for the "Cyber Five" period, the five-day span between Thanksgiving and Cyber Monday, to buys products like TVs and sound systems. Other electronics will be discounted by as much as 30% on Cyber Monday, according to Adobe.
For TVs, look for discounts on Black Friday, which this year falls on November 24. The best day to shop for deals on computers will be Saturday, November 25, according to Pandya.
But retailers are nimble, and if they don't clear enough inventory during that period, they can introduce surprise discounts on other dates too.
"There are going to be competitive moments to get discounts throughout the season," he noted.
After Cyber Monday on November 27, discounts are likely to weaken but will remain as high as 16% off, Adobe projects.
Melissa Tatoris, vice president of retail at Zeta Global, also expects the best electronics deals to land on Cyber Monday, although shoppers could still find deep discounts later in the season.
"Retailers will be flexible if they have to go a couple basis points deeper toward the holidays because they didn't clear their inventory," she told CBS MoneyWatch.
After Christmas, retailers typically mark down any remaining seasonal inventory.
In years past, the best day of the year to score deals on electronics typically fell after Christmas on Dec. 27. But retailers are not expected to have a lot of excess inventory on hand this year.
"The risk with waiting until after Christmas is that typically that is when retailers mark down their extra seasonal inventory. However, retailers this year are signaling that they are doing a better job with forecasting and that their supply chains are in better shape," Deloitte retail strategy principal Brian McCarthy told CBS MoneyWatch.
"As a consumer, I could take my chances in getting a post-Christmas deal, but would risk the chance of not having a lot of selection," he said.
- In:
- Black Friday
- Holiday Season
Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace issues, the business of health care, consumer spending and personal finance topics. She regularly appears on CBS News streaming to discuss her reporting.
veryGood! (3259)
Related
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Supreme Court Overturns Chevron Doctrine: What it Means for Climate Change Policy
- Diamond Shruumz products recalled due to toxin that has stricken 39 people in 20 states
- Delaware Supreme Court reverses ruling invalidating early voting and permanent absentee status laws
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Jewell Loyd scores a season-high 34 points as Storm cool off Caitlin Clark and Fever 89-77
- A Nebraska father who fatally shot his 10-year-old son on Thanksgiving pleads no contest
- Rachel Lindsay Calls Out Ex Bryan Abasolo for Listing Annual Salary as $16K in Spousal Support Request
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Biden speaks at NYC's Stonewall National Monument marking 55 years since riots
Ranking
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- 'It took approximately 7-8 hours': Dublin worker captures Eras Tour setup at Aviva stadium
- Argentina receives good news about Lionel Messi's Copa América injury, report says
- Rachel Lindsay Calls Out Ex Bryan Abasolo for Listing Annual Salary as $16K in Spousal Support Request
- Highlights from Trump’s interview with Time magazine
- Some cities facing homelessness crisis applaud Supreme Court decision, while others push back
- Tractor Supply is ending DEI and climate efforts after conservative backlash online
- Former Northeastern University lab manager convicted of staging hoax explosion at Boston campus
Recommendation
Retirement planning: 3 crucial moves everyone should make before 2025
Argentina receives good news about Lionel Messi's Copa América injury, report says
Driver charged with DUI for New York nail salon crash that killed 4 and injured 9
Lakers reveal Bronny James' new jersey number
Dick Vitale announces he is cancer free: 'Santa Claus came early'
MLB trade deadline: Top 18 candidates to be dealt as rumors swirl around big names
4 Missouri prison guards charged with murder, and a 5th with manslaughter, in death of Black man
Bachelorette Becca Kufrin Reveals Why She and Thomas Jacobs Haven't Yet Had a Wedding